Meerkat builds social network for video streaming service

Mar

7

2016

Meerkat is planning to create its own social network, as a shell around its service for live video. The network must ensure that the company can compete with Facebook and Twitter, both of which are also engaged in offering live video streaming.

Meerkat / Meerkat Meerkat-director Ben Rubin unveiled the plans in an interview with Re / code. Meerkat is best known for his service to share live video with other people, but the service never became really popular; came to have new users, but they were not using the service. That would have claimed to witness the CEO that there is strong competition in the market for live video, and therefore saw Meerkat thwarted its growth plans. The hope is to bind more users with a social network for live video, says Rubin.

Many details of the upcoming network Rubin did not go. Within three months, the CEO hopes he could show more of his plans. Would there since October, working on the idea of ​​a social network and the focus is, logically, especially on video.

Meerkat gets particularly competition from Twitter and Facebook. Both social networking sites have recently started a service for live video, so users no longer need alternative apps like they use to share the social network and live video. Thereby Meerkat would have been difficult. So took Twitter about Periscope, while Facebook recently released a similar service with live video.

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